Category : Career Planning & Job Hunting

"Cornucopia of Cash" How to Profit from the Billion Dollar Credit Card Processing Business

Price: USD9.95

Buy It from Rakuten Kobo U.S

If there were a lucrative opportunity that allowed you to be your own boss, make income in the six-figure range, work flexible hours, and required very little money up front, would you be interested? That is the question James Darle Jones asks in his groundbreaking how-to business guide for owning and operating a credit/debit card processing sales business. Detailing the perfect business for entrepreneurs looking for an opportunity to change their lives and earn a piece of the American Dream, Cornucopia of Cash: How to Profit from the Billion Dollar Credit Card Processing Business will start you on your way to a lucrative business whose only limit is that of your imagination.When you go to your local auto mechanic and offer them a credit or debit card for payment what happens? Well they take your card, swipe it through the terminal, then they will turn it over to view the signature strip, ask you to sign a receipt, match the signatures and assuming they match you go on your happy way.If the signatures don't match, the merchant has the option to ask you for ID. When they swiped your card for payment, the information was sent at the speed of light though the card-issuing bank and the merchant-acquiring bank networks and then back to the merchant where the receipt prints for your signature. At the end of the day when the merchant batches out the money is finally on its way to the merchant’s bank account. The fees for the transaction are either taken on the fly or deducted at the end of the month, which is the preferred method of most merchants. The money will then be directly deposited into the merchant’s bank account in as little as one business day or as long as two or three.At the end of the month where does all the money go? The lion’s share obviously goes to the merchant. The biggest portion of the merchant cost goes to “interchange' which is the main cost before the markup. Interchange goes to the card company of the card that was swiped. That's right, folks: Cre

Other products from Rakuten Kobo U.S